Everest
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The reinsurer is expecting the segment to see at least double-digit rate increases.
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CEO and his soon-to-be replacement believe current market conditions play into the growing company’s hands.
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Third quarter 2019 net investment income was $181mn, up 12.2 percent year on year. -
She joins Everest’s marine practice after stepping down from a senior role at AIG.
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Dorian is estimated to have caused $160mn in claims for NYSE-listed (re)insurer.
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Kyle Adams was most recently co-CEO for JLT Specialty Bermuda.
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Rey Haliti and Auberson Eustache have joined the Bermudian (re)insurer’s New York office.
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The results showed a mixed bag for (re)insurer use of third-party capital.
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Juan Andrade’s insurance background hints at international growth.
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The appointment counters expectations the (re)insurer would choose an internal replacement for its CEO.
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Encouraging signs that the (re)insurance industry will continue to see rate rises, says Everest Re’s CEO.
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The year-over-year improvement was driven by a 15.9-point improvement in its combined ratio and 26.7 percent growth in net investment income.
